Current Report Filing (8-k)
December 30 2019 - 4:07PM
Edgar (US Regulatory)
UNITED
STATES
SECURITIES
AND EXCHANGE COMMISSION
Washington,
D.C. 20549
FORM
8-K
CURRENT
REPORT
Pursuant
to Section 13 or 15(d) of the Securities Exchange Act of 1934
Date
of Report (Date of earliest event reported): December 27, 2019
SINO-GLOBAL
SHIPPING AMERICA, LTD.
(Exact
name of Registrant as specified in charter)
Virginia
|
|
001-34024
|
|
11-3588546
|
(State or other jurisdiction
of Incorporation)
|
|
(Commission File
No.)
|
|
(IRS Employer
Identification No.)
|
1044
Northern Blvd., Suite 305,
Roslyn,
New York, 11576-1514
(Address
of principal executive offices) (Zip Code)
Registrant's
telephone number, including area code: (718) 888-1814
Check
the appropriate box below if the Form 8-K filing is intended to simultaneously satisfy the filing obligation of the registrant
under any of the following provisions:
|
☐
|
Written
communications pursuant to Rule 425 under the Securities Act (17CFR230.425)
|
|
☐
|
Soliciting
material pursuant to Rule14a-12 under the Exchange Act (17CFR240.14a-12)
|
|
☐
|
Pre-commencement
communications pursuant to Rule 14d-2(b) under the Exchange Act (17CFR240.14d-2(b))
|
|
☐
|
Pre-commencement
communications pursuant to Rule 13e-4(c) under the Exchange Act (17CFR240.13e-4(c))
|
Securities
registered pursuant to Section 12(b) of the Act:
Title
of each class
|
|
Trading
Symbol(s)
|
|
Name
of each exchange on which registered
|
Common Stock
|
|
SINO
|
|
NASDAQ
|
Indicate
by check mark whether the registrant is an emerging growth company as defined in Rule 405 of the Securities Act of 1933 (§230.405
of this chapter) or Rule 12b-2 of the Securities Exchange Act of 1934 (§240.12b-2 of this chapter).
Emerging
growth company ☐
If
an emerging growth company, indicate by check mark if the registrant has elected not to use the extended transition period for
complying with any new or revised financial accounting standards provided pursuant to Section 13(a) of the Exchange Act. ☐
Item 5.07
|
Submission of Matters
to a Vote of Security Holders.
|
On
December 27, 2019, Sino Global Shipping America, Ltd. (the “Company”) held its annual meeting of shareholders for
its fiscal year ended June 30, 2019 (the “Annual Meeting”). Shareholders of an aggregate of 10,790,587 shares of common
stock of the Company, constituting 62.59% of the aggregate number of votes entitled to cast at the meeting were present in person
or represented by proxy at the meeting. The final voting results for each matter submitted to a vote of shareholders at the meeting
are as follows:
1.
|
Election
of Class I Director
|
The
following individual was elected as a Class I Director to serve on the Board of Directors until the annual meeting of shareholders
for the fiscal year of 2022 or until his successor is duly elected and qualified. No broker non-votes are counted.
Director’s
Name
|
|
Votes
For
|
|
|
Votes
Withheld
|
|
Zhikang
Huang
|
|
|
5,599,127
|
|
|
|
213,420
|
|
Mr.
Jianming Li was not elected as a Class I Director due to the fact that he did not receive a plurality vote for his election. In
particular, 2,340,117 votes were cast in favor of Mr. Li but 3,472,430 votes were withheld for his election.
|
|
2.
|
Ratification of
Friedman LLP as Independent Registered Public Accounting Firm
|
The
shareholders ratified the appointment of Friedman LLP as the Company’s independent registered public accounting firm for
the fiscal year ending June 30, 2020. Broker non-votes are counted.
For
|
|
Against
|
|
Abstain
|
|
10,327,098
|
|
462,911
|
|
578
|
|
3.
|
Advisory Vote on Compensation
of Named Executive Officers
|
The
shareholders approved, on an advisory, non-binding basis, the compensation of our named executive officers. No broker non-votes
are counted.
For
|
|
Against
|
|
Abstain
|
|
5,196,817
|
|
227,154
|
|
388,576
|
|
4.
|
Approval
of the Reverse Stock Split Proposal
|
The
shareholders approved the articles of amendments to our articles of incorporation to effect a reverse stock split of our common
stock, no par value per share, at a ratio of up to one-for-five, such ratio to be determined in the discretion of the Company’s
Board of Directors (the “Reverse Stock Split Proposal”). Despite the foregoing, the Board of Directors shall have
the discretion as to whether, and if so, when to implement such reverse stock split.
For
|
|
Against
|
|
Abstain
|
|
9,182,341
|
|
1,604,169
|
|
4,077
|
|
5.
|
Approval
of the Adjournment Proposal
|
The
shareholders authorized an adjournment of the Annual Meeting, if necessary, to solicit additional proxies if there are not sufficient
votes in favor of the Reverse Stock Split Proposal (the “Adjournment Proposal”).
For
|
|
Against
|
|
Abstain
|
|
9,248,715
|
|
1,522,783
|
|
19,089
|
|
SIGNATURES
Pursuant
to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf
by the undersigned hereunto duly authorized.
Date:
December 30, 2019
|
SINO-GLOBAL SHIPPING AMERICA,
LTD.
|
|
|
|
|
By:
|
/s/
Lei Cao
|
|
Name:
|
Lei Cao
|
|
Title:
|
Chief Executive Officer
|
2
Sino Global Shipping Ame... (NASDAQ:SINO)
Historical Stock Chart
From Aug 2024 to Sep 2024
Sino Global Shipping Ame... (NASDAQ:SINO)
Historical Stock Chart
From Sep 2023 to Sep 2024